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Rx-EDGE - For Retailers
   

The retail pharmacy is uniquely positioned to engage, inform and educate consumers. Rx EDGE is the leader in providing Direct-To-Consumer educational program solutions in the pharmacy. Rx EDGE Shelf and Pharmacy Counter programs (pdf 124k) reach consumers with a balanced and detailed educational message when they are focused on wellness and are ready to make a healthcare decision.

Retailers who participate in Rx EDGE programs benefit in a number of ways:

  • The participating pharmacy may become viewed as the place where consumers go to get complete, balanced healthcare information.
  • The pharmacy benefits financially by a measured increase in prescriptions per store per week for the promoted brand(s).
  • The pharmacy also benefits financially from a direct honorarium for the program placements.

The key to success begins and ends with pharmacy shoppers. They are the largest contributors to store loyalty, trip frequency, and larger market baskets.

Rx patients spend more on front-end products on an annual basis1

Channel

Additional # of Annual
Trips per Household

% Annual Increase in Front-End Spending by Rx Patient Household

 Drug Chains 6 60%
 Supermarkets 14 44%
 Mass 12 70%
 Super Centers 14 71%

The Rx EDGE program generates incremental pharmacy volume bringing in more pharmacy shoppers who are critical to overall store performance.

Participation in the Rx EDGE network of pharmacies requires a minimal investment of retailer time or resources. Rx EDGE will contract the programs with pharmaceutical manufacturers, provide each retailer with the opportunity to review and approve every program prior to execution, and install every program in the stores on a six-week cycle basis. The Rx EDGE team has active relationships with leading retailers who represent nearly one-third of U.S. prescription volume, and with the top 30 pharmaceutical companies. They work with the Brand level within the pharmaceutical manufacturer, which unlocks national sales dollars that are incremental to Trade sales dollars.

We have placed in excess of 100 Rx EDGE programs across 40+ Rx Brands over the last two years. All have all been measured by an independent research company using industry-accepted matched panel methodology. The average lift in prescriptions per store per week across all of those programs is 9.8%!

Read these recent articles about the benefits of in-store pharmaceutical marketing:

January 2006 ECRM Focus
Educate Consumers in the Aisles
Download Article (pdf 109k)

January 2005 ECRM Exposé
Building Rx Brands Within the Retail Pharmacy
Download Article (pdf 201k)

For more information, contact:
Rob Blazek at 317.884.0250 rob.blazek@rx-edge.com
Gary Norman at 847.879.6039 gary.norman@rx-edge.com


1 Drug Store News DSN Retailing Today Strategies for Success 2006, AC Nielson HomeScan '05

   
 
 
   
   
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